Friday, April 27, 2018

Escape from New York

800,000 people are about to flee New York and California because of taxes, say economists

  • 800,000 people will leave New York and California over the next three years due to the new tax bill, conservative economists Arthur Laffer and Stephen Moore said in an op-ed in the Wall Street Journal.
  • Other economists dispute this finding, say there is no connection between taxes and migration.
  • These economists claim high-tax states will likely generate more wealth than they lose.

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